CO₂-heffing industrie (Netherlands Industrial Carbon Tax)
A national carbon tax on industrial emissions in the Netherlands.
What is CO₂-heffing industrie (Netherlands Industrial Carbon Tax)?
The CO₂-heffing industrie, or Netherlands Industrial Carbon Tax, is a national tax levied on the carbon dioxide emissions of industrial companies in the Netherlands. Introduced to supplement the EU ETS, it aims to incentivize further emissions reductions beyond the EU ETS price signal, specifically targeting industries that contribute significantly to national emissions.
Why is CO₂-heffing industrie (Netherlands Industrial Carbon Tax) important?
The CO₂-heffing industrie is important because it provides an additional, strong economic incentive for heavy industries in the Netherlands to reduce their carbon emissions. By placing a higher price on CO₂ emissions than the EU ETS alone, it aims to accelerate industrial decarbonization and ensure the Netherlands meets its ambitious national climate targets.
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Frequently asked questions
Companies already covered by the EU ETS in the Netherlands, primarily large industrial emitters, are subject to this additional national tax.
The tax is set at a level above the EU ETS carbon price, meaning companies pay the difference between the national tax rate and the EU ETS allowance price. This ensures a minimum effective carbon price for industrial emissions.
The primary goal is to provide a strong financial incentive for Dutch industry to reduce its CO₂ emissions more rapidly and deeply, contributing to the Netherlands' national climate objectives.